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to stop. >> in washington, i'm stacy cohan. >> uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session on friday in the red for the fifth straight day. a triple digit loss for the dow which tumbled 158 points, the nasdaq lost almost 26 points. the s&p 500 shed almost 16 points. and the gridlock in washington could help the current congress make history as the most unproductive ever. it's amazing. a review by the huffington post shows 219 bills have been passed this session, that's compared to 383 bills passed by the previous congress, and 460 by the group before that. now, to avoid the distinction, congress needs to submit about 100 bills to president obama over the next few days. something tells me they're not going to be able to do that. but there is one thing the senate has been able to agree on, getting aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed the measure offering $60 billion in help. it heads to the house which must approve the bill by thursday or else the process has to start all over aga
is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2 million americans who would otherwise lose their unemployment benefits if we went over the fiscal cliff would be able to keep those benefits. and finally he says, look, we can take a look at the longer term proposals, the larger reform at a later point. just lay the ground work at this point. we also know before the president left, he talked by phone with house speaker john boehner. he met in person with harry reid, although what the private happened, we don't know. but publicly things sound a lot like they have for the past few weeks. take a listen. >> every member of congress believes that, every democrat, every republican.
service in washington on friday. >>> in new orleans, a federal judge has given final approval to bp settlement with gulf coast businesses and residents. bp will pay at least $7.8 billion in compensation to settle claims from the deep water horizon disaster in 2010. there is no cap on the settlement except for those claims from those in the sea food industry, so, the final bill could still be much higher. thousands of people made claims from texas to florida. >>> moving overseas to a deadly cold snap in the ukraine. hundreds more have been treated for hypothermia and frost bite. the government has set up thousands of heating centers to help people deal with the extreme cold. the temperatures there have dropped down to just one degree fahrenheit, far below the average for this time of the year. >>> well, this morning it looks like a major u.s. ally will have a new constitution, but theare still a whole lot of questions about egypt's democratic future. the draft charter has been approved by a majority of voters in a referendum. official results are expected later on. two rounds of voti
schmitt in washington. the president made this surprise late appearance yesterday. he urged republicans to approve, i guess what you might consider a stripped down deal. this all happened around dinner time. so a lot of folks might not have seen it. give us the details. what is he proposing? >> well, i have to tell you, a few minutes ago, president obama landed in hawaii, 72 degrees there was the temperature on the ground. certainly warmer than it is in washington, certainly warmer than the political climate that president obama left behind here here in washington. it was a strip down agreement. he basically is saying we have to come up with some solution to help the majority of american taxpayers while we still avoid coming up with the majority of the details for what was supposed to help us avoid the fiscal cliff. it would ensure tax rates would not go up for 98% of americans, it would also ensure that unemployment benefits would be extended for about 2 million americans who would lose them otherwise if we went over the fiscal cliff. finally, it would work to lay the groundwork for th
cliff, now, in washington, there could be a deal. at least they're close to a deal, possibly. a source close to the talks tells cnn that house speaker john boehner is willing to hike taxes on the wealthiest americans. that's something the president says must be included in any plan, but speaker boehner previously called tax increases on top earners a nonstarter. his office says there is no deal. >>> president obama seems set to nominate john kerry as his next secretary of state. united nations ambassador susan rice was the expexed choice, but you remember she pulled her name out of the running because of the controversy over her comments in the wake of the benghazi attacks. the formal announcement could come this week. >>> outgoing secretary of state, hillary clinton, is resting at home after suffering a concussion. she has been battling a stomach virus and fainted. her office said it's not severe, but clinton will be forced to skip her appearance in front of the house foreign relations committee this week. she was expected to testify on thursday about the attack in benghazi, libya, on
not reached a deal. >>> staying in washington, president obama appears set to nominate senator john kerry as his next secretary of state. hillary clinton said she would step down after the first term. susan rice was the expected choice, but she pulled her name out of the running because of the controversy over her comments in the wake of the benghazi attacks. >>> secretary clinton was supposed to testify about benghazi this week, but that's on hold now. she suffered a concussion and now she's resting at home. the secretary has been battling a stomach virus and fainted after becoming dehydrated. her office says it's not severe. >>> it's election day in japan and voters are choosing a new parliament. the election could return former prime minister to office if his liberal democratic party wins and lots of analysts expect that he'll win big. he's promised to get japan's struggling economy back on track. let's go back now to kate bolduan and john berman in connecticut. >> there are news going on around the world and thank you, victor, for keeping us to speed on that. >>> people will be going
. brian todd, cnn, washington. >> we're also getting a lot of questions about how you can help those affected. if you want to help, go to cnn.com/impact. john? >> thanks so much, ali. as everyone knows, our focus as much as it can be is on victims. there is an investigation going on right now. there are so many questions. and we're learning more now about the suspected shooter in this case. police say his name is adam lanza. cnn's mary snow is at lanza's home. what can you tell us about the suspected shooter? >> reporter: john, it's believed that he lived with his mother at the home that is behind me now blocked off by police. and in terms of descriptions of him, one neighbor described him as troubled. former classmates described him as very bright, someone who kept to himself socially awkward, and we're also learning from our -- cnn's susan candiotti that a law enforcement official told her that a family member of lanza told investigators that he had a form of autism. >> mary, what do we know about the guns? the weapons that he used in the shooting? we understand there were two pist
. in washington, a visibly emotional and tearful president obama addressed the nation yesterday afternoon. he offered prayers, solace and support for the victims in this tragedy. >> we've endured too many of these tragedies in the past few years. i know there's not a parent in america who doesn't feel the same overwhelming grief that i do. the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. among the fallen were also teachers, men and women who devoted their lives to helping our children fulfill their dreams. our hearts are broken for the parents of the survivors, as well. for as blessed as they are to have their children home tonight, they know their children's innocence has been torn away from them too early and there are no words that will ease their pain. this evening, michelle and i will do i know what every parent in america will do which is hug our children a little tighter and tell them we love them. and we'll remind each other h
Search Results 0 to 7 of about 8